Hi Bel and welcome to the forum. As Chris rightly said the MK series was not G*bson's finest hour and was the result of a collaboration with Kasha and one other, Richard Schneider. They were considered state of the art in their day and there were a number of innovations introduced with the MKs.
One of my friends has one that his Dad gave him for high school gradation and we have also worked on a number of others.
Yours likely needs a neck reset and if the top is distorting there is likely a reason such as the bridge plate has worn from the string balls trying to pull up through the holes since these used cheap, plastic, moulded bridge pins. This can crease the plate making for an unstable surface for the bridge and then the bridge lifts. Braces can be loose too.
I can see in your pics from here the deformation of the upper bout just next to the neck, that often means neck reset and the guitar is old enough that it will need a reset likely too.
When we see and work on these it's not unusual for them to need what we call the "whole nine yards" and this level of work can often be over $1K to have done commercially AND............ well.
Neck resets are not the place to learn to work on your own instrument especially if you have high hopes that the instrument will be made right and like new in terms of playability. Bridge plate repairs and replacement are also not a hobbyist type of DYI repair and there is risk of splitting the top center seam if done incorrectly.
For neck resets you need to know and understand acoustic guitar geometry and have some pretty good finishing and wood working chops too.
With this said step one would be to measure the action for the high e and the low e at the 12th fret measured in 64th of an inch and let us know what it is? This will be how we determine if this thing needs a reset.
Most of all though my suggestion to you is if you value the instrument like my friend values his complete with college bong water stains and all...

please consider getting an eBay beater to learn repair work on and put this one aside until you can do the things such as a neck reset, bridge removal and reglue, bridge plate repair, etc. well and reliably. People do like the MKs and they have a loyal following as you can see on the Internet.
Lastly you will also need some special tools that you likely do not have as well and I am telling you this so that you have hopefully a realistic view of what you are in for if you go the DYI route.
If there is any hint of FUD, fear, uncertainty, and doubt in my post as a stalking horse to scaring you out of the DYI route and into sending it to our professional repair business relax, we don't accept shipped in work and have more than enough work to keep us happy.
My interest is two fold with the well being of the instrument coming first (sorry...) and giving you quality information and advice next.
Again welcome!